Kansas City, Mo.-based. Westrope has announced that it has
selected California-based Risk Management Solutions (RMS) to provide catastrophe risk assessment capabilities through RMS Wholesale Broker RiskBrowser.
RMS is a provider of products and services for the quantification and management of catastrophe risk. This product will allow Westrope to assist clients in assessing their catastrophe risk associated with
U.S. earthquake and hurricanes.
“Recent catastrophes have put an emphasis on the need for better risk
management practices” said John Klag, executive vice president/chief
operating officer of Westrope. “Understanding exposure to catastrophic loss is critical to making solid risk management decisions. RMS was chosen for its position as the market leader with a state-of-the-art catastrophe model that reflects the latest in scientific research and data availability.”
Until now, wholesale brokers have not played a significant role in the catastrophic assessment area for clients, but RMS Wholesale Broker RiskBrowser puts Westrope clearly in the equation, the company release said.
Westrope is ranked among the top five largest privately held wholesale brokers in the U. S.
Source: Westrope
Topics Catastrophe
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